German Auto Supplier Leoni to Invest $93 Million in Morocco, Creating 7,100 Jobs
The Head of Government, Aziz Akhannouch, presided over the signing ceremony of two protocols of agreement and a framework agreement for the implementation of six investment projects of the German group "Leoni" in the automotive sector, representing a total amount of more than 932 million dirhams (MDH).
These projects aim to create 7,100 jobs by 2027, focusing on the construction of a new wiring unit in Agadir and the expansion of the group’s plants in the Casablanca-Settat region. The agreements were signed between various ministries and government agencies as well as the German group.
The first protocol of agreement concerns the creation of an electrical wiring manufacturing unit in Agadir, while the second protocol of agreement aims to support investment and employment within the future industrial unit of the group in the same region.
Related Articles
-
Morocco Inks Game-Changing Deal with China Eastern to Boost Tourism, Targets 1 Million Chinese Visitors by 2030
2 July 2025
-
Morocco’s Central Bank Chief Urges Exchange Rate Reform to Boost Economic Resilience
1 July 2025
-
McDonald’s France Serves Up Global Flavors: From Moroccan Drinks to Japanese Cherry Blossom Fizz
1 July 2025
-
Nightmare at 30,000 Feet: Tunisian Delegation’s Ordeal with Royal Air Maroc Exposes Airline Chaos
30 June 2025
-
Marrakech Allure: Solo Travel Expert Ranks Red City Among Top Global Destinations
30 June 2025